Offering effective working capital options for Hotel & Hospitality Industry
Platform Funding provides hotel business loans and hospitality business loans designed for independent hotels, motels, bed and breakfasts, and lodging facilities. Our hotel financing helps you renovate guest rooms, purchase property, upgrade technology systems, cover off-season payroll, and improve guest amenities. Get hotel equipment financing up to $3M with same-day approval—no collateral required, and bad credit is OK. Whether you need motel business loans, hotel renovation loans, lodging business loans, or working capital for hotels, Platform Funding delivers flexible funding solutions for the hospitality industry’s unique seasonal challenges and operational needs.
Successful entrepreneurship is difficult in any industry, to be sure, but can be especially so in the hospitality industry. Changes in seasonal and economic climates greatly affect tourism and travel patterns, so the external factors you face are more impactful than in other industries. When dealing with those conditions, you simply cannot afford the expensive, time-consuming process presented by a traditional bank loan.
Obtaining a revenue advance, though, can be the security measure you need to remove the uncertainty those external factors bring about – and ensure that your business has a consistent trend of growth and revenue.
Hotel & Hospitality FAQs
At Platform Funding, we have been providing financing to the hotel and hospitality industry for many years. Contact us to learn more about eligibility requirements, rates and everything else you need to know about your business loan.
Yes, businesses in the hospitality industry have many types of financing available to them. From classic business loans to equipment leasing options, there will surely be an option that is right for your business. One of Platform Funding’s financing experts can help you find the best solution for your specific needs.
It is definitely possible to lease hotel equipment. Check out our Equipment Leasing page and learn more about the options available to your business.
You can use your hotel business loan to hire new employees, buy new equipment, build extra rooms, and many other expenses. Contact one of Platform Funding’s financing experts if you have specific questions about what you can use the funds for.
Minimal eligibility requirements for hospitality business funding include having been in business for more than 6 months, providing us with your last 3 bank statements, and making an average monthly revenue of at least $12,500. If you have any questions about your eligibility for a loan or other financing options, contact us today and we will be happy to help you.
Our application process is very straightforward and we can usually provide you with the capital you need in as little as 48 hours. Contact one of our funding experts today to get started on the process.
Hotels can access several forms of hotel financing, including working capital advances, hospitality business loans, equipment funding, and renovation financing. These options help property owners manage cash flow, upgrade guest amenities, and expand their operations without relying solely on traditional bank loans.
Specialized hotel financing lenders and hospitality lenders provide flexible funding designed around occupancy cycles, seasonal revenue, and operational needs. Unlike general lenders, hotel financing companies understand the hospitality industry and offer customizable repayment terms suited to hotel owners and operators.
Yes. Many lenders offer hotel construction loans and bank loan for hotel business programs to help finance new builds, expansions, or major renovations. These financing hotels solutions are structured to support long project timelines and large capital requirements, ensuring hotels can grow without straining cash flow.
Platform Funding’s hospitality business loans help you:
Property Improvements:
✓ Renovate guest rooms and update furnishings ($5K-$15K per room)
✓ Remodel lobby, common areas, and reception ($50K-$200K)
✓ Upgrade bathrooms with modern fixtures
✓ Install new flooring, paint, and decor throughout property
Guest Amenities:
✓ Build or renovate pool, hot tub, and spa facilities ($30K-$150K)
✓ Add fitness center equipment ($10K-$50K)
✓ Create conference and meeting spaces
✓ Install guest laundry facilities
Technology Upgrades:
✓ Implement property management system (PMS) ($5K-$30K)
✓ Upgrade Wi-Fi infrastructure throughout property
✓ Install smart room technology (thermostats, TVs, locks)
✓ Deploy online booking and payment systems
Operational Needs:
✓ Cover payroll during off-season or low-occupancy periods
✓ Finance housekeeping, maintenance, and front desk staffing
✓ Purchase linens, towels, and room supplies in bulk
✓ Stock minibar and breakfast inventory
Franchise & Expansion:
✓ Pay franchise fees and meet brand standards
✓ Purchase additional hotel properties
✓ Meet flag requirements for major chains
✓ Finance brand conversion costs
Let’s start getting you funded. Use the link below or call (866) 473-1455.
Our process is simple, fast, and secure.
